Wednesday 21 February 2018
 
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carriers

Gulf Navigation refinances two petchem carriers

Dubai-based Gulf Navigation Holding has announced refinancing 'Gulf Mishref' and 'Gulf Mirdif' petrochemical carriers, less than a month after increasing its capital to Dh1 billion ($272.25 million) through an initial public offe

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ME carriers' profits to grow two-fold in 2018

Middle East carriers are forecast to see net profits improve to $600 million in 2018 (up from $300 million in 2017), new data showed. According to forecasts released by the International Air Transport Association (Iata), demand in

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Middle East carriers’ freight volumes up 4.6pc in October

Middle Eastern carriers’ year-on-year freight volumes increased 4.6 per cent in October 2017, and capacity increased 3.4 per cent, said data released by International Air Transport Association (Iata). The global air freight

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Bahri signs $120m deal to buy four bulk carriers

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, revealed that its business unit, Bahri Dry Bulk, has signed an agreement worth $120 million with South Korea's Hyundai Mipo Dockyard, a member of Hy

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Bahri signs $120m deal to buy four bulk carriers

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, revealed that its business unit, Bahri Dry Bulk, has signed an agreement worth $120 million with South Korea's Hyundai Mipo Dockyard, a member of Hy

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NSQL completes management transition of LNG carriers

Nakilat Shipping Qatar Limited (NSQL) a wholly owned subsidiary of Nakilat and Shell International Trading and Shipping Company Limited (Shell), have completed the first phase of what will be the world’s largest management transition of LN

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NSQL completes management transition of LNG carriers

Nakilat Shipping Qatar Limited (NSQL) a wholly owned subsidiary of Nakilat and Shell International Trading and Shipping Company Limited (Shell), have completed the first phase of what will be the world’s largest management transition of LN

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ME carriers witness slowdown in air travel demand

Middle Eastern carriers posted a 2.5 per cent traffic increase in June, which was a slowdown from the already subdued 3.7 per cent growth seen in May, according to figures released by International Air Transport Association (Iata).

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Oman Drydock Co repairs 2 OSC carriers

Oman Drydock Company (ODC), a shipyard specialising in ship repair and conversion, has completed the drydocking and maintenance of two ultra large ore carriers, Liwa Max and Sohar Max, of Oman Shipping Company (OSC), said a report.

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ME carriers see slowdown in air travel demand

Middle East carriers registered the slowest year-over-year traffic growth in May, recording a 3.7 per cent rise in demand compared to a year ago - close to an eight-year low. Accordiing to figures released by the International Air

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